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Inflows continued with the Investment Company Institute reporting investors added $931 million to mutual funds in the week ending Feb. 15, after $2.194 billion of inflows the previous week.
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
A rough week on Wall Street dominated by worries about a weakening economy ended Friday with a broad rally that gave the market its best day in two weeks. The S&P 500 rose 1.9%. Despite the gains, the benchmark index still ended with its first weekly loss in the last three.
Another big quarterly surge in Netflix’s subscribers helps set the stage for the rally.
Another big quarterly surge in Netflix’s subscribers helps set the stage for the rally.